Amazon.com, Inc. $AMZN Stock Holdings Trimmed by Ameriprise Financial Inc.

Ameriprise Financial Inc. reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 3.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,745,756 shares of the e-commerce giant’s stock after selling 1,249,412 shares during the period. Amazon.com accounts for about 1.8% of Ameriprise Financial Inc.’s portfolio, making the stock its 6th largest holding. Ameriprise Financial Inc. owned approximately 0.33% of Amazon.com worth $7,844,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Norges Bank purchased a new stake in Amazon.com in the 2nd quarter valued at $27,438,011,000. Nuveen LLC acquired a new stake in shares of Amazon.com in the 1st quarter worth $11,674,091,000. Vanguard Group Inc. raised its holdings in shares of Amazon.com by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 849,721,601 shares of the e-commerce giant’s stock worth $186,420,422,000 after acquiring an additional 17,447,045 shares during the period. Laurel Wealth Advisors LLC raised its holdings in shares of Amazon.com by 22,085.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 12,177,557 shares of the e-commerce giant’s stock worth $2,671,634,000 after acquiring an additional 12,122,668 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of Amazon.com by 21.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 57,908,424 shares of the e-commerce giant’s stock valued at $11,017,657,000 after acquiring an additional 10,176,835 shares during the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Amazon.com

Here are the key news stories impacting Amazon.com this week:

• Positive Sentiment: AWS partners with Cerebras to speed AI inference, which could improve Bedrock performance, lower customer costs and help AWS compete vs. Nvidia — a potential long‑term revenue/margin positive for Amazon’s cloud business. Cerebras Systems, Amazon strike deal to offer Cerebras AI chips on Amazon’s cloud
• Positive Sentiment: Amazon splits out a paid “Ultra” Prime Video tier and hikes the ad‑free price — a direct, near‑term revenue boost from higher subscription ARPU that supports monetization of Prime streaming. Amazon to hike price of ad-free Prime Video tier by $2 a month
• Positive Sentiment: Luxembourg court vacated a record €746M privacy fine and ordered a reassessment, removing a large regulatory overhang for Amazon in Europe. Win for Amazon as Luxembourg court scraps record $854 million privacy fine
• Positive Sentiment: Wall Street remains constructive: analysts have reiterated buys and some raised price targets (e.g., Wolfe/Evercore), which can support the stock amid the pullback narrative. Amazon Is Rising While the Market Falls—Here’s Why
• Neutral Sentiment: Amazon is reportedly moving Prime Day earlier to late June — timing and promotional cadence can affect quarterly sales mix but is not a clear positive/negative until details and vendor economics are known. Amazon plans to move Prime Day event to June from July, Bloomberg News reports
• Negative Sentiment: Amazon closed a massive multi‑tranche corporate debt offering to fund its AI/capex push — strong demand (reported ~4:1 bids) eases short‑term funding risk but the large debt target and $200B+ capex plan keep investor concerns about near‑term returns and balance‑sheet risk elevated. Amazon Completes Massive Multi-Tranche Corporate Debt Offering
• Negative Sentiment: Legal/tax risk persists: Milan prosecutors have sought trial for Amazon’s European unit and four execs over alleged €1.2B tax evasion — an ongoing legal exposure that could concern investors. Exclusive: Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 bln tax evasion

Insider Transactions at Amazon.com

In other news, CEO Douglas J. Herrington sold 1,000 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $204.25, for a total transaction of $204,250.00. Following the completion of the transaction, the chief executive officer directly owned 521,361 shares in the company, valued at $106,487,984.25. This trade represents a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Shelley Reynolds sold 2,695 shares of Amazon.com stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $205.90, for a total value of $554,900.50. Following the completion of the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at $24,662,702. The trade was a 2.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 71,686 shares of company stock worth $14,688,739 in the last three months. Company insiders own 9.70% of the company’s stock.

Analyst Ratings Changes

AMZN has been the subject of a number of analyst reports. Benchmark reissued a “buy” rating on shares of Amazon.com in a report on Thursday, January 29th. Needham & Company LLC reaffirmed a “buy” rating and set a $265.00 target price on shares of Amazon.com in a research note on Friday, February 6th. KeyCorp set a $285.00 target price on shares of Amazon.com in a report on Friday, February 6th. DA Davidson restated a “neutral” rating and set a $175.00 price target (down from $300.00) on shares of Amazon.com in a report on Friday, February 6th. Finally, Bank of America cut their price target on shares of Amazon.com from $303.00 to $286.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, fifty-three have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Amazon.com currently has a consensus rating of “Moderate Buy” and an average price target of $286.93.

Amazon.com Trading Down 0.9%

Shares of AMZN stock opened at $207.67 on Friday. Amazon.com, Inc. has a 1-year low of $161.38 and a 1-year high of $258.60. The firm has a market cap of $2.23 trillion, a PE ratio of 28.96, a price-to-earnings-growth ratio of 1.56 and a beta of 1.40. The company has a 50-day moving average of $222.93 and a two-hundred day moving average of $226.69. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.05 and a quick ratio of 0.88.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 5th. The e-commerce giant reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.02). Amazon.com had a net margin of 10.83% and a return on equity of 21.87%. The company had revenue of $213.39 billion during the quarter, compared to analysts’ expectations of $211.02 billion. During the same period last year, the firm posted $1.86 earnings per share. Amazon.com’s revenue was up 13.6% on a year-over-year basis. On average, analysts predict that Amazon.com, Inc. will post 6.31 EPS for the current year.

About Amazon.com

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.